100 3rd Street, Waterford, NY 12188, Waterford

Turnkey 4-Unit Investment in the Heart of Waterford – 12.3% Cap Rate!

This high-performing multifamily property brings in $6,310/month in current market rents—with even more upside potential. Offering 9 bedrooms and 5 bathrooms across four separately metered units, each with washer/dryer hookups, it’s designed for steady cash flow and long-term returns.

The crown jewel is a luxury 3-bed, 2-bath, two-story unit featuring vaulted ceilings, hardwood floors, and a private deck—an ideal layout for premium rental income. Recent improvements include a fully fenced yard, detached garage with a new door, newer appliances, a 2-year-old water heater, $15K water line replacement, metal roof, and all-new gutters and fencing.

Prime location just steps from Village Park and walkable to downtown